Saint Helena News Express

Latest Saint Halena News Online

Economy

Fitch cuts Nigeria’s economic growth outlook by almost half

Published by
Business Day

Global credit ratings agency, Fitch, has cut Nigeria’s economic growth outlook for 2022 by almost half, citing an expected contraction in the oil and gas sector, rising inflation and little progress with economic reforms. Fitch now expects Africa’s largest economy to grow by 1.8 percent this year compared to an earlier forecast of 3 percent. […] read more Fitch cuts Nigeria’s economic growth outlook by almost half

Read More